Alex Rodriguez and Marc Lore Secure Arbitration Win in Timberwolves Ownership Dispute

The arbitration ruling grants the duo a 90-day extension to finalize their majority ownership bid, pending NBA approval.

An arbitration panel ruled 2-1 in favor of Alex Rodriguez and Marc Lore, determining Glen Taylor breached the sale agreement for the Timberwolves and Lynx.
The ruling resets a 90-day window for Rodriguez and Lore to complete the next phase of the purchase, contingent on NBA Board of Governors' approval.
Rodriguez and Lore have secured $942 million in escrow to cover the remaining payments, addressing prior concerns over financing.
If the sale is finalized, the duo plans a complete buyout of Taylor's ownership stakes, ending his 30-year tenure with the teams.
The NBA may reevaluate approval of tiered sales structures after the protracted and contentious nature of this transaction.